All housing market articles – Page 5
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NewsTaylor Wimpey eyes £20m of cost-cutting as market conditions tighten
Housebuilder warns Gove’s planning policy overhaul will lead to shortfall in sites
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NewsUK house price fall predicted to be second biggest in Western Europe
S&P Global forecasts 2023 UK house prices will fall 3.5%
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CommentHow will housebuilding fare in the economic slowdown?
Richard Jones explains the findings of Arcadis’ recent market report and what they may indicate for residential development in 2023
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NewsMortgage approvals plummet to lowest level since first lockdown
Third consecutive drop in approvals in November follows disastrous ‘mini budget’
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NewsAnnual house price growth likely to fall in mid-2023, says Zoopla
UK house prices grew 0.3% over the past three months compared to more than 2% in the summer, the estate agent showed
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NewsHouse sales increase 12%
UK residential transactions were 12% higher in November this year compared to the same month last year
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NewsGovernment extends mortgage guarantee scheme by a year
Initiative to help purchasers with 5% deposit will now end in December 2023
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NewsHouse prices fall 2.1% says Rightmove
The average price of a house fell in the last month by more than the seasonal average
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NewsHouse prices see biggest fall in 14 years in November
Halifax reports the average price of a house in the UK fell by 2.3%
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NewsUK house prices fall at fastest rate since June 2020
UK housing prices fell 1.4% between October and November, building society says
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NewsBuyer demand for homes now half the level seen last year
Zoopla says a quarter of sellers have reduced asking prices as demand in the last month down 47% year-on-year
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NewsDemand for rented housing up by a quarter, says Rightmove
Year on year demand has leapt as the volume of people looking to buy has slumped in recent months
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NewsFive-year mortgages drop back below 6%
Further evidence of stability returning to mortgage market but rates remain elevated
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NewsGleeson sees cancellations soar in wake of mini budget turmoil
Housebuilder says net reservations per site have dropped to just 0.26 per week since botched announcement
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NewsAutumn statement: Hunt reverses Kwarteng’s ‘permanent’ stamp duty cut from 2025
Decision comes as OBR forecasts long term pain in housing market
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NewsHouse prices flat in September as inflation soars
Official figures show annual growth in value of homes now outpaced by spiralling inflation
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In FocusHelp to Buy: It’s the end of an era
The final applications have been submitted and the government’s equity loan scheme in England is due to wind up on 31 March next year. Emily Twinch considers what impact this will have on housebuilders.
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NewsAsking prices drop 1.1% in a month
Rightmove says latest fall is result of market turbulence but in-line with pre-pandemic seasonal trends
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NewsSocial housing repairs boost helps construction defy UK economic slump
Industry shows ‘resilience’ with third consecutive month of expansion